3 ms·
The lack of information (or information asymmetries) are such a huge deal and not often appreciated. I would pay a lot more for many small electronic gadgets i
by vjk800 3y ago
The lack of information (or information asymmetries) are such a huge deal and not often appreciated.
I would pay a lot more for many small electronic gadgets if I knew that they would 1) work better and 2) last longer than the cheap ones. However, It's basically impossible for me to find out how good is the signal on my bluetooth usb stick or how long my plant LED lights are going to last without breaking so I just buy the cheapest since the price doesn't seem to be a very reliable indicator of either of those things. I'm sure there are players on the market who make things that I'd like to buy, but it's impossible for me to find them and verify that they actually do what I want so they are not getting my money.